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Jan 1, 2013
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five new taxes due to obama care will start going into effect. they impact everything from healthcare costs to the cost of medical devices. the congressional budget office says americans will end up paying $1 million. the deadly attack in benghazi was tearrism. cia and other government agencies that made changes to the talking points on the attack not the white house. following the attack u.n. ambassador susan rice says they used the talking points may have been a spontaneous protest that got out of hand. >>> netflix users can now share every movie they have err watched with facebook plans. congress passed a bill allowing netflix and other video streaming sites to share viewing history. users will have the opportunity to opt in or out of the social sharing feature. >>> colorado had the first recreational pot club. months after it became legal private members only clubs popped up all over the state. it prohibits public smoke sgug include private clubs. they have an admission fee of $30 and they have to bring their own pot. >>> countries all around
five new taxes due to obama care will start going into effect. they impact everything from healthcare costs to the cost of medical devices. the congressional budget office says americans will end up paying $1 million. the deadly attack in benghazi was tearrism. cia and other government agencies that made changes to the talking points on the attack not the white house. following the attack u.n. ambassador susan rice says they used the talking points may have been a spontaneous protest that got...
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Dec 27, 2012
12/12
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cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the obamacare tax on top, dividends are going to collapse and so are the revenues that government will collect from the dividends. you'll have a similar result as you had in 1990 where they increased rather than declined. >> clayton: do we not learn from our history? this seems like it's just repeating all over again. politicians aren't aware of their history here and what we could go through again. we know what 1991 and 1992 looked like with that recession. it was hard. >> the tax increases we're talking about now are much bigger than in 1990 and t
cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the...
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Jan 1, 2013
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then it becomes voting against the obama tax cuts. that was the scenarios rinse were afraid of. >> steve: it looks like a republicans say it's a done deal, we'll have to raise taxes on the most successful. but we will live to fight another day. that day is when the debt ceiling comes up in a couple of months and the sequestration thing, they kicked it down -- two months! so the republicans think, okay. when we get down to the talk about spending, we're going to be big winners. >> they knew that raising taxes on the wealthy polled badly for them. that most americans were in favor of that. we're not on the winning side. they got that off the table and said, we'll win the debt fight. i say to them, well, won't the press just kill you for being the people who would drive the country to the very risk of default in favor of -- to save your spending cuts, which aren't popular in the first place. they feel they can win that fight. i'm a little skeptical. >> brian: in the big picture, if someone told that you there will be a democratic preside
then it becomes voting against the obama tax cuts. that was the scenarios rinse were afraid of. >> steve: it looks like a republicans say it's a done deal, we'll have to raise taxes on the most successful. but we will live to fight another day. that day is when the debt ceiling comes up in a couple of months and the sequestration thing, they kicked it down -- two months! so the republicans think, okay. when we get down to the talk about spending, we're going to be big winners. >>...
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Dec 28, 2012
12/12
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call them the obama tax cuts. it looks like he's the tax cutter and if you're a republican in the house, you go, wait a minute, i'm supposed to be for lower taxes. how can i vote no for lowering taxes on anybody? >> kelly: you allude to a very important point to why critics of this entire mess have gone on to say that perhaps president obama knew that he wanted to have a fiscal cliff, for example, charles krauthammer, look what he has to say. >> right up until now, obama has what he wanted, which was a partisan political success. he's been less worried fiscal solution for two reasons. number one, he does not care about debt. he hasn't in the four years. and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all the cards. >> the real outrage is that what started as an effort to trim the size and scope of government, whether it was the bush tax cuts a decade ago or whether it was the debate over the debility ceiling just over a year ago is going to likely end up as an effo
call them the obama tax cuts. it looks like he's the tax cutter and if you're a republican in the house, you go, wait a minute, i'm supposed to be for lower taxes. how can i vote no for lowering taxes on anybody? >> kelly: you allude to a very important point to why critics of this entire mess have gone on to say that perhaps president obama knew that he wanted to have a fiscal cliff, for example, charles krauthammer, look what he has to say. >> right up until now, obama has what he...
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Dec 31, 2012
12/12
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he wants to raise tax for people with over $200,000 . patti murray tipped the president's hand when she said it is okay to go off the fiscal cliff . we get credit when we cut taxing back to the level they were before the cliff . it is it a political issue for them to attain their goalings. >> dave: some suggest that the president will be okay to go off the fiscal cliff . the president doesn't want sequestitration to go in into affect. hope they work it out. thank you for joining us from dc. coming up. unbelievably video of a plane crashed on a busy highway . we now know what likely caused the deadly crash . go ahead and down that champagne in the new year's bash. but what you can do today to make sure you don't have a hang over tomorrow. may attention. there's the sign to the bullpen. here he comes. you wouldn't want your doctor doing your job, the pitch! whoa! so why are you doing his? only yr doctor can determine if your persistent heartburn is actually something more serious like acid reflux disease. over time, stomach acid can damage
he wants to raise tax for people with over $200,000 . patti murray tipped the president's hand when she said it is okay to go off the fiscal cliff . we get credit when we cut taxing back to the level they were before the cliff . it is it a political issue for them to attain their goalings. >> dave: some suggest that the president will be okay to go off the fiscal cliff . the president doesn't want sequestitration to go in into affect. hope they work it out. thank you for joining us from...
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Dec 30, 2012
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the wealthy and job creators. >> juliet: president obama continues to push for tax hikes on the rich. and france lost a bid to raise taxes and he want today raise to 75%. now, there weren't a lot of people he was focused on, really not that much money, he was going to raise, but the fact is he wanted the french judicial council, however, said it would have been excessive and unconstitutional. joining us-- >> sorry, dave. >> dave: and for tax foundation from the heritage foundation. >> juliet: good morning, curtis. >> good morning. >> dave: what's the deal here, the decision made is not unconstitutional, but bottom line, bad for the economy? i think we can learn from this? >> that's right, the court has bailed them out. and the tax increase, 75% rate was going to really damage the french economy. the french economy's already strugglingling and adding on the economy would be worse. >> i'm looking at it, expected to be a temporary two year measure and affect 1500 people and raise less than 661 million dollars. >> but the revenue we brought in, and what it would have done, it would have
the wealthy and job creators. >> juliet: president obama continues to push for tax hikes on the rich. and france lost a bid to raise taxes and he want today raise to 75%. now, there weren't a lot of people he was focused on, really not that much money, he was going to raise, but the fact is he wanted the french judicial council, however, said it would have been excessive and unconstitutional. joining us-- >> sorry, dave. >> dave: and for tax foundation from the heritage...
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Dec 29, 2012
12/12
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thresholds, and if they don't come up with something, again, that wedge gets driven further and obama can sit in the cat bird's seat and blame, blame, blame republicans for their obstructionism. >> dave: quickly, you think a deal gets done, a threshold say around a half million dollars, unemployment gets extended and very little cuts, is that basically what you think happens here? >> i think that's right. i think that's the basic outline and then what the house republican take away, well, we'll deal with the tough issues later, always been there. >> dave: kick the can down the road. >> move on. >> juliet: let's go to the story that we've been covering here shall the hobby lobby story, this is a faith-based business and they decided they're going to risk paying potential fines up to 1.3 million dollars a day because they're refusing to provide the morning after pill to employees, it does not go with their beliefs. what do you make of that story? >> and by the way my christmas tree came from hobby lobby and i think it's incumbent upon every conservative who believes in freedom of religi
thresholds, and if they don't come up with something, again, that wedge gets driven further and obama can sit in the cat bird's seat and blame, blame, blame republicans for their obstructionism. >> dave: quickly, you think a deal gets done, a threshold say around a half million dollars, unemployment gets extended and very little cuts, is that basically what you think happens here? >> i think that's right. i think that's the basic outline and then what the house republican take away,...